14. Related Party Transactions

9 Months Ended

Sep. 30, 2019

Related Party Transactions [Abstract]

Related Party Transactions

14. Related Party Transactions

(a) Subsidiary

Sincerity Australia Pty Ltd which is incorporated in Australia and Prana Hong Kong Limited which is incorporated in Hong Kong are wholly owned subsidiaries of Sincerity Applied Materials Holdings Corp.

(b) Outstanding balances with related parties

The following balances are outstanding at reporting date in relation to transactions with related parties:

	September 30, 2019 (not reviewed)		December 31, 2018
Loan to Stockholder		–	$	136,400
Loan from Stockholder	$	7,387,509		–

	Three months ended September 30,
	2019 (not reviewed)		2018
Purchase from Shanghai Sincerity Co Ltd.	$	3,989	$	118,936